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2017-06-18 13:43:43

GWR

Genesee & Wyoming

$67.17

0.23 (0.34%)

13:43

06/18/17

06/18

13:43

06/18/17

13:43

Genesee & Wyoming worth a look, Barron's says

Out of favor railroad stock Genesee & Wyoming is "worth a look," Barron's contends in a 'Trader Extra' column. Global economic growth should help the company, and Palisade Capital's Dan Veru says the stock could climb to $75-$80 within a year, the report says. Reference Link

Credit Suisse analyst Allison Landry raised her price target for Genesee & Wyoming to $85 from $80 on valuation. The analyst has increased conviction in railroads, while tax reform implications may be underappreciated for the U.S. She reiterates an Outperform rating on the shares.

03/13/17

WELS

03/13/17INITIATIONWELSMarket Perform

Genesee & Wyoming initiated with a Market Perform at Wells Fargo

04/19/17

BOFA

04/19/17UPGRADETarget $76BOFABuy

Genesee & Wyoming upgraded to Buy from Neutral at BofA/Merrill

BofA/Merrill analyst Ken Hoexter upgraded Genesee & Wyoming and maintained a $76 price target saying shares are trading at discount to peers and believes concerns regarding international exposure is overdone. The analyst said he expects the tax credit will be enacted if corporate tax reform does not move forward, and said the company is well positioned to benefit from from recent acquisitions.

Credit Suisse analyst Allison Landry lowered her price target for Genesee & Wyoming to $77 from $85 following a "disappointing start to 2017." Nonetheless, the analyst notes that the trajectory of the broader business is positive, and 2H17 should mark an inflection point, particularly in the U.K./Europe. She reiterates an Outperform rating on the shares.